Zacks Research Forecasts Stronger Earnings for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Equities researchers at Zacks Research boosted their FY2025 earnings estimates for shares of First Solar in a note issued to investors on Tuesday, December 24th. Zacks Research analyst A. Dutta now expects that the solar cell manufacturer will post earnings per share of $18.73 for the year, up from their previous forecast of $18.58. The consensus estimate for First Solar’s current full-year earnings is $13.15 per share. Zacks Research also issued estimates for First Solar’s Q4 2025 earnings at $6.47 EPS, Q3 2026 earnings at $5.20 EPS and FY2026 earnings at $22.94 EPS.

FSLR has been the subject of a number of other reports. Bank of America decreased their price target on First Solar from $321.00 to $269.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Royal Bank of Canada lowered their target price on shares of First Solar from $315.00 to $280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. The Goldman Sachs Group dropped their price target on shares of First Solar from $311.00 to $279.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Susquehanna decreased their price objective on shares of First Solar from $280.00 to $252.00 and set a “positive” rating for the company in a research report on Wednesday, October 30th. Finally, Barclays dropped their target price on shares of First Solar from $290.00 to $275.00 and set an “overweight” rating on the stock in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $279.04.

First Solar Trading Down 0.6 %

NASDAQ FSLR opened at $182.63 on Friday. First Solar has a 52 week low of $135.88 and a 52 week high of $306.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The stock’s 50 day moving average price is $194.09 and its two-hundred day moving average price is $217.65. The stock has a market capitalization of $19.55 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 0.35 and a beta of 1.46.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Tuesday, October 29th. The solar cell manufacturer reported $2.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.10 by ($0.19). The company had revenue of $887.70 million for the quarter, compared to the consensus estimate of $1.07 billion. First Solar had a return on equity of 17.56% and a net margin of 32.41%. The firm’s revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.50 EPS.

Hedge Funds Weigh In On First Solar

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV lifted its position in shares of First Solar by 14.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 356 shares of the solar cell manufacturer’s stock worth $89,000 after buying an additional 45 shares during the last quarter. Davis Investment Partners LLC lifted its holdings in shares of First Solar by 0.6% in the third quarter. Davis Investment Partners LLC now owns 7,698 shares of the solar cell manufacturer’s stock worth $1,805,000 after acquiring an additional 46 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of First Solar by 0.5% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 9,172 shares of the solar cell manufacturer’s stock valued at $2,068,000 after purchasing an additional 49 shares in the last quarter. Gilman Hill Asset Management LLC grew its holdings in shares of First Solar by 2.8% during the 3rd quarter. Gilman Hill Asset Management LLC now owns 1,825 shares of the solar cell manufacturer’s stock valued at $455,000 after purchasing an additional 50 shares during the last quarter. Finally, Covestor Ltd increased its position in First Solar by 6.4% during the 3rd quarter. Covestor Ltd now owns 916 shares of the solar cell manufacturer’s stock worth $229,000 after purchasing an additional 55 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

About First Solar

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.